Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1887-05-05

Receipts less operating expenses,
taxes, interest and redemption
bonds.. ACKNOWLEDGEMENTS. 4U,Yo2.l9
Compared with the previous year, there
was an increase in gross earnings of
$72, 078.75, or 22.98 per cent, and an in
crease in operating expenses of $685.
334.77, or 1884 per cent.
OPERATING EXPENSES.
The operating expenses were S4.9l per
cent of the gross earnings as against SO. 81
per cent in the previous year, divided as
follows:
For transportation. ........... $207 ,S27. 90
For maintenance Of way. ..... 68,692.07
For office expenses. .,......... 2,272.51
For printing, advertising and sta
uonety ........-..........,. b,ol4.14
For superintendent. ........ 14,655.9 3
FOR car service. ,......-......... II, S65.41
For loss and damage. .......... 100 65
For miscellaneous ,...........,. 6,444.g0
1897 .66e.67
The transportation expenses were
1885 per cent of the gross receipts, an
increase of 6.01 per cent over 1886, in
large part due to the inadequaoy of your
equipment to move economically the
traffic offered. The cost of transporta-
ton per mile run was 1.89 cents or Sc
per cent more than in 1886. The mainte-
nance of way expenses were 1885 per
cent Of the gross receipts, being 4.22 per
cent less than in 1885, 9.37 miles Of
track were relaid with steel rails, making
the whole amount of steel rails SO. 10
miles 7, 1873 lineal feet of new switches
wers also put in. The entire length of
the road and its branches is 91.50 mileH
with 20.23 miles of sidings.
With reference to Birmingham Park the
president says: "Although consider
able expense has been incurred in pro-
yiding for the excursion business at Biz.
mingham Park, the increased travel to
this popular resort has fully justified the
wisdom of this STEP"
During the year 315,105 passengers
were carried, an increase of 81 ,095 OIL
24.05 per cent over the preceding year;
the total earnings from these was $780,.
963. 81; an increase of $i3, 9l2 35 cents, oi
22.07 per cent over. last year; net earn
ings from passenger trains were $22,.
1888. 93, an increase of $40, 326.98 over
the preceding year. The freight earn
ings were $293, 1897. 80, an increase Of
$5l, $3.50, or 2l.49 per cent over previous
year; total cost Of running freight trains
$3.50, 166. 40, an increase of $69, 1888. 70, oil
1929 per cent over previous yea,; neI
earnings from freight trains $33,73i 10
decrease of $17,293.44 az compared
with preceding year. The total equip
ment of the road is ri locomotives III,
III cars of all descriptions; of these tw,
locomotives, one passenger car and q
freight oars costing in all ga ,436 SO
were added during the year.
The road bed and track are in bette
shape than at any previous time, and thu
bridges and trestles have been maintained
in safe condition.
The following directors were re
elected: Colonel Henry A. dupont
George Brooke, DR.. Charles Huston
A. l.. Foster, Richard Elias Ely
John S. Gerhard, William DUPONT. Their
not being quorum of the board presen
the organization was postponed unit
Tuesday next, when the present officers
who hold over until that time, will be re
elected. They are President, Dol. b
A. DUPONT Secretary, E, B. Shurter
| superintendent anu Treasurer, A. q
McCAusland.